It was mentioned yesterday that we could be in for a “long cold winter” if sellers think they can start raising their list prices. The last two years in North SD County Coastal (Carlsbad to Carmel Valley) has seen detached sales drop off between the 3rd and 4th quarters by 33% and 28%, respectively:
Obviously it’s only August today, but if the foreclosure tsunami gets kicked into 2010, it could be chilly for sales over the next few months.
OT, but for those who are looking for more information about bubbleinfo.com, Jim TV, and Jim the Realtor, I just re-organized the link in the right-hand column called:
REAL ESTATE VIDEOS >>>> right column in caps under Real Estate Advice >>>>>>
or send this link: https://www.bubbleinfo.com/real-estate-advice/real-estate-videos/